This came across one of the lists I belong to:
I stumbled upon this interview with Jennifer Bouani. Have you heard of her? Her childrens books look interesting and may be great gifts this holiday season. She seems to know what she is talking about. Here is the money quote from the interview:
“Another attack comes from those who misunderstand what’s causing the current financial crisis. People want to blame the crisis on capitalism and free-market enterprise, but they fail to see that the government’s meddling in the market is the culprit in keeping the market from correcting itself. (i.e. the Federal Reserve lowering interest rates, laws forcing banks to lend to people with poor or no credit). These same people who incorrectly blame the crisis on capitalism, cry for more meddling (i.e. regulation and bailouts) and are sending us into a downward spiral towards more debt, more taxes, and less freedom.”